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Secura Consultants offers income protection plans with the contract features residents and fellows must consider.

Minneapolis Minnesota (PRWEB)February 21, 2015

Friday, March 20th, each of the 155 medical schools in the United States participates in Match Day. Thousands of medical students learn where they are contracted for their residency or fellowship program. Residents and fellows understand their financial planning needs will continue to grow as their careers progress. Advisors need to understand that income protection is one of the key components of a strong financial plan. Secura Consultants offers assistance to select advisors by designing unique income protection strategies for medical residents and fellows.

By partnering with leading insurance carriers, Secura Consultants now offers income protection plans with the contract features residents and fellows must consider. These plans are highlighted by a specialty definition of disability to protect a physician's unique skills, the guaranteed right to purchase additional insurance without having to prove medical insurability, long term residual benefits, cost of living increases which mitigates the erosion of buying power due to inflation, and more!

In addition, Secura Consultants is expert in the design of combination plans utilizing multiple carriers to enhance these benefits and providing a pool of benefits which can protect a physician throughout their entire career.

A young physician’s greatest challenge is also one of the most important factors when it comes to implementing an income protection plan, time. Many of these programs provide a streamlined underwriting process with no medical testing and no limitations or extra premium costs due to current or prior medical history.

It is not difficult for young residents and fellows to contemplate being faced with an injury or illness severe enough that it changes the course of the career they are working so hard to establish. Virtually every physician will purchase income protection insurance and it is essential that an advisor serving this marketplace partners with expert consultants to design and implement these plans.